Streets and Traffic
A home backing directly to a busy street is one of the most difficult resale hurdles to overcome. My advice to clients when we find a home located on a major arterial street is not to go inside. In many cases, these homes will have larger backyards and better views than other homes in the same neighborhood, but they are still much more difficult to sell, particularly in a slow market. In many cases, these homes sell only when a buyer is forced to buy during a brief home buying visit financed by the employer and this home is the only thing available for immediate occupancy. What happens if you buy this home and want to sell in a slower market? If there are 10 other homes available in the same subdivision with no direct exposure to the street noise, your house won’t sell.